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Edward,

Here is one that is not a rumor. In the North East a Yale dealer just consumed a failing Hyster dealer. The old Hyster crew was told that there employment was terminated. They were then told to fill out applications that they were handed. They were then told that interviews would be done by the end of the week. By the end of the interviews half of the staff was not rehired! This comes down to simple economics! The failing Hyster dealership did not have the revenue stream to support the existing payroll. How many companies do we know of that can incurr losses for long periods of time and still exsist in these times? Save what you can and rebuild from there. What else can they do. It was nice to hear of a winner. Thank you!!
  • Posted 19 Dec 2009 06:46
  • By Iceman
  • joined 7 Aug'09 - 18 messages
  • Connecticut, United States

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Global Industry News
edition #1258 - 27 November 2025
In this week’s Forkliftaction News , we report on Hyster-Yale laying off staff in the US amid what it describes as “challenging market conditions”... Continue reading
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Fact of the week
According to studies published in the English Journal of Medicine, the impact of daylight savings is revealed by a 24% increase in heart attacks on the Monday following the spring shift forward. When clocks move back in autumn, heart attacks drop by about 21%, suggesting that loss of sleep is an important driver.
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